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Transcripts For BBCNEWS World 20240703

At the moment, deliveries for this year are likely to be less than last year. A challenging environment, the ev market globally is slowing and lots more competition is rising particularly in china which can make Electric Vehicles at low cost. Talk to me about Electric Vehicles at low cost. Talk to me about that Electric Vehicles at low cost. Talk to me about that competition, if people are thinking of making a switch, given the cost of living crisis, they might think they cant afford tesla, they should go for a cheaper chinese one, is that hurting the bottom line . We cheaper chinese one, is that hurting the bottom line . The bottom line . We are seeing a wave of chinese the bottom line . We are seeing a wave of chinese cars the bottom line . We are seeing a wave of chinese cars in the bottom line . We are seeing a wave of chinese cars in europe, l the bottom line . We are seeing a l wave of chinese cars in europe, the ports are full of chinese Electric Vehicles. They are not only chea

Transcripts for BBCNEWS World Business Report 20240604 10:32:00

Massive challenge and there is a . 0ver teslas strategy. Their strategy has been about scale and cost, can they compete with the chinese . They have been aiming for a cheap, 25,000 car, that seems to have been postponed and they are going more into autonomy. Investors arent that convinced, going more into autonomy. Investors arent that convinced, im going more into autonomy. Investors arent that convinced, im looking arent that convinced, im looking at the numbers, shares down by 40 since the start of the year. Do you think a Price Cut is enough to win back the confidence of consumers given the competition and people not having money . Having money . There is a huge cost of livin having money . There is a huge Cost Of Living Squeeze having money . There is a huge Cost Of Living Squeeze that having money . There is a huge Cost Of Living Squeeze that is having money . There is a huge Cost Of Living Squeeze that is taking of Living Squeeze that is taking place in many european countries,

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